IT news
Symantec agrees to charge Carlyle $1 bn less for Veritas
21 Jan 2016
Neither Symantec nor Carlyle gave the exact reasons for lowering the purchase price, but media reports suggested that banks were not able to get a $5.6-billion debt package to fund the deal amid a difficult debt market environment
Hyatt’s Indian hotels hit by global malware attack
18 Jan 2016
As many as 250 Hyatt chain hotels globally, including 20 in India, have been infected with the malware that collects customers’ payment card data at front desks, restaurants, spas, parking and other payment areas in the hotels
Wipro Q3 net profit up 1.8% at Rs2,234 crore
18 Jan 2016
The Bengaluru-based company has declared an interim dividend of Rs5 per equity share of Rs2 face value
Infosys cheers market with Rs3,465-cr Q3 net
15 Jan 2016
Infosys has raised its full-year revenue outlook to 12.8-13.2 per cent in constant currency, from 10 per cent to 12 per cent earlier and to 8.9-9.3 per cent in dollar terms
Cyber-attack on industrial control systems rising
14 Jan 2016
Internet exposure has made many industrial process control systems vulnerable to cyber-attacks, a US government expert says in the wake of an alleged Russian attack that caused a power outage in Ukraine
TCS joins race to acquire Dell’s Perot Systems
05 Jan 2016
Wipro appoints Abidali Neemuchwala as CEO, TK Kurien promoted as executive vice chairman
05 Jan 2016
Wipro, India’s third-largest IT exporter, has appointed Abidali Z Neemuchwala as its chief executive officer and promoted present CEO TK Kurien as executive vice chairman
TCS back in race to buy Perot IT business from Dell
04 Jan 2016
Perot, which generated about $2.6 billion in annual revenue when it was acquired by Dell for $3.9 billion in 2009, is estimated to be worth less now since its current revenue is barely $3.1 billion
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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